Pintec Technology, Fullerton Credit launch Chinese digital lending partnership
Pintec Technology Holdings Ltd. entered an agreement with Fullerton Credit to expand digital lending in China, according to a company release.
Fullerton Credit provides operating and consumer loans for individual, micro business and SME’s. The company, owned by Fullerton Financial Holdings, said it has disbursed more than RMB15 billion [$2.17 bln] in loans to date, serving more than 50,000 customers and has 31 locations in China.
Pintec will develop a variety of digital lending solutions as well as provide technical support to help link Fullerton Credit with individual customers and small and micro businesses.